Lopez-led renewable energy firm First Gen Corporation said Tuesday it has identified several areas surrounding its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for solar and wind farms development as well as battery energy storage system projects.In a news release, First Gen said developing additional renewable energy projects forms part of its program to grow its RE portfolio capacity to 9 gigawatts by year 2030.
"The company is studying areas for its solar, wind and BESS projects near the existing 132-megawatt Pantabangan-Masiway hydroelectric power plant and its newly acquired 165-MW Casecnan hydroelectric power plant.
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Prime Infrastructure and First Gen in discussions for gas aggregation frameworkRazon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. are discussing the development of a gas aggregation framework using First Gen's LNG terminal in Batangas. The framework aims to blend declining volumes of indigenous gas with imported LNG, ensuring a least-cost solution for consumers and enhancing energy security. The proposal has the support of the Department of Energy and could help mitigate the impact of rising LNG prices due to the Ukraine-Russia war.
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Metro Pacific Investments Corporation and Climate Change Commission forge partnership for climate actionPASIG, Philippines – Metro Pacific Investments Corporation (MPIC) and the Climate Change Commission (CCC) have signed a Memorandum of Understanding aimed at collaborating to address climate change and promote climate resilience in the Philippines.
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Metro Pacific Investments Corporation and Climate Change Commission forge partnership for climate actionDefining the News
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